8th attempt for 2 subjects in IPCC G-II
This query is : Resolved
16 March 2017
hi friends.. Please tell me how to prepare for Audit&ITSM for MAY 2017 exams. This is my 8 th attempt...I don't know where I am lacking in preparation.. every attempt I failed just by 10 marks around. Please provide me Subjects wise& topic wise guidance and also tell me how can I effectively utilize these 50 days time.
14 July 2024
Preparing for the Audit & ITSM subjects for the May 2017 exams requires a structured approach, especially since you've identified that you've been narrowly missing the mark in previous attempts. Here’s a detailed plan to help you effectively utilize the remaining 50 days:
### 1. **Identify Weak Areas:**
- **Assessment:** Review your past attempts and identify specific topics or types of questions where you consistently lose marks.
- **Self-Evaluation:** Take mock tests or previous exam papers to assess your current level of understanding and identify areas that need improvement.
### 2. **Subject-Wise Guidance:**
**Audit:**
- **Understand Concepts:** Focus on the basic concepts of auditing standards, procedures, and audit reports.
- **Practical Application:** Practice solving case studies and past exam questions to understand how to apply auditing standards in different scenarios.
- **Recent Amendments:** Stay updated with any recent amendments in auditing standards or relevant sections of the Companies Act.
**ITSM (Information Technology and Strategic Management):**
- **IT Fundamentals:** Brush up on basic IT concepts, including hardware, software, networking, and IT infrastructure.
- **Strategic Management:** Understand strategic analysis, planning, implementation, and evaluation concepts.
- **Case Studies:** Practice solving case studies to improve your analytical and problem-solving skills in the context of IT and strategic management.
### 3. **Topic-Wise Preparation Plan:**
- **Time Allocation:** Divide your study time proportionately among the topics based on their weightage in the exam syllabus.
- **Daily Schedule:** Create a study schedule that covers each topic systematically, ensuring you allocate sufficient time to understand and practice questions from each area.
### 4. **Effective Study Techniques:**
- **Active Learning:** Engage actively with the material by summarizing notes, creating mind maps, or teaching concepts to someone else.
- **Practice Questions:** Solve as many past exam papers, mock tests, and practice questions as possible to familiarize yourself with the exam pattern and improve time management.
- **Revision:** Regularly revise what you have studied to reinforce learning and retain information effectively.
### 5. **Utilize Resources:**
- **Study Material:** Use ICAI study material, practice manuals, and supplementary resources like reference books or online courses for better understanding.
- **Coaching Classes:** Consider joining revision or crash courses if available, as they can provide focused guidance and help clarify doubts.
### 6. **Stay Motivated and Manage Stress:**
- **Positive Mindset:** Believe in your ability to succeed and stay focused on your goals.
- **Breaks and Relaxation:** Take regular breaks during study sessions to avoid burnout and maintain productivity.
- **Healthy Lifestyle:** Ensure adequate sleep, nutrition, and exercise to keep your mind and body in optimal condition for studying.
### 7. **Seek Guidance:**
- **Mentorship:** If possible, seek guidance from experienced peers or mentors who have successfully cleared the exams.
- **Professional Help:** Consider consulting with a tutor or academic counselor if you feel stuck or overwhelmed.
By following this structured approach and dedicating focused effort over the next 50 days, you can strengthen your preparation for the Audit & ITSM subjects and increase your chances of success in the May 2017 exams. Remember to stay disciplined, maintain a positive attitude, and seek help whenever needed. Good luck!
### 1. **Identify Weak Areas:**
- **Assessment:** Review your past attempts and identify specific topics or types of questions where you consistently lose marks.
- **Self-Evaluation:** Take mock tests or previous exam papers to assess your current level of understanding and identify areas that need improvement.
### 2. **Subject-Wise Guidance:**
**Audit:**
- **Understand Concepts:** Focus on the basic concepts of auditing standards, procedures, and audit reports.
- **Practical Application:** Practice solving case studies and past exam questions to understand how to apply auditing standards in different scenarios.
- **Recent Amendments:** Stay updated with any recent amendments in auditing standards or relevant sections of the Companies Act.
**ITSM (Information Technology and Strategic Management):**
- **IT Fundamentals:** Brush up on basic IT concepts, including hardware, software, networking, and IT infrastructure.
- **Strategic Management:** Understand strategic analysis, planning, implementation, and evaluation concepts.
- **Case Studies:** Practice solving case studies to improve your analytical and problem-solving skills in the context of IT and strategic management.
### 3. **Topic-Wise Preparation Plan:**
- **Time Allocation:** Divide your study time proportionately among the topics based on their weightage in the exam syllabus.
- **Daily Schedule:** Create a study schedule that covers each topic systematically, ensuring you allocate sufficient time to understand and practice questions from each area.
### 4. **Effective Study Techniques:**
- **Active Learning:** Engage actively with the material by summarizing notes, creating mind maps, or teaching concepts to someone else.
- **Practice Questions:** Solve as many past exam papers, mock tests, and practice questions as possible to familiarize yourself with the exam pattern and improve time management.
- **Revision:** Regularly revise what you have studied to reinforce learning and retain information effectively.
### 5. **Utilize Resources:**
- **Study Material:** Use ICAI study material, practice manuals, and supplementary resources like reference books or online courses for better understanding.
- **Coaching Classes:** Consider joining revision or crash courses if available, as they can provide focused guidance and help clarify doubts.
### 6. **Stay Motivated and Manage Stress:**
- **Positive Mindset:** Believe in your ability to succeed and stay focused on your goals.
- **Breaks and Relaxation:** Take regular breaks during study sessions to avoid burnout and maintain productivity.
- **Healthy Lifestyle:** Ensure adequate sleep, nutrition, and exercise to keep your mind and body in optimal condition for studying.
### 7. **Seek Guidance:**
- **Mentorship:** If possible, seek guidance from experienced peers or mentors who have successfully cleared the exams.
- **Professional Help:** Consider consulting with a tutor or academic counselor if you feel stuck or overwhelmed.
By following this structured approach and dedicating focused effort over the next 50 days, you can strengthen your preparation for the Audit & ITSM subjects and increase your chances of success in the May 2017 exams. Remember to stay disciplined, maintain a positive attitude, and seek help whenever needed. Good luck!
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